The full artist line-up and ticketing details will be announced at a later date.
Lex: FT’s flagship investment column
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Most unexpected was Paramount stock’s jump. Wall Street almost always disdains giant acquisitions on the theory that buyers get too excited about big deals and overpay—and indeed, that’s usually what happens. When the deal gets sealed, the buyer’s stock usually drops, but in this case it rose almost 30%. That’s probably because analysts were pleasantly surprised: They had figured Paramount would need to raise its offer from $30 to $32–$34 a share to vanquish Netflix; instead, Paramount offered just $31 and prevailed.
There's no drastic divide between this trio. Like the "Father" family, they've drifted apart, seemingly content to have lives of their own. But in this household, their proximity practically itches. Lilith looks for ways to razz her sister, sparking a juvenile sibling rivalry that forces Tim into flushed retreat. But these intrusions and escapes are all in the gentle way of making nice. The tragedy of these moments is in how we can see their urge to connect and their fear to, all in a furtive glance, a choked laugh, or a licked bit of pastry.